The ICSC Blog

March 16, 2012
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Americans are spending more on pets

Americans are splurging on their pets, presenting a growth opportunity for retailers. Spending by pet owners on food and supplies, medicine, trips to the vet, grooming and the like grew 5.3 percent from the year before, to $50.96 billion, according to the American Pet Products Association. New pet products and a rise in the number…